According to Foresight News, Haseeb Qureshi, managing partner of Dragonfly, tweeted, "In every cycle, founders chase hot money. In the last cycle, this meant token issuance. The crypto capital market was booming. In this cycle, it will bring tokens into the stock market (just like financial companies). But hot money will never stop, and I estimate that this heat will take another one or two years to cool down."
Dragonfly Managing Partner: In every cycle, founders will chase "hot money". This cycle is to bring tokens into the stock market
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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